Ethereum World News
2022-10-04 11:58:05

Luna Price Drops 7% Despite Binance Burning $1.86M in LUNC

Binance has finished its first burn of Terra Classic (LUNC), burning about $1.86 million in USDT equivalent from trading fees collected from spot and margin trading pairs. Binance first announced that it would burn the trading fees on September 26, and the next announcement will take place on October 10. However, the price of LUNC has not gone up as a result of the burn. The coin is down approximately 7% over the last 24 hours. Binance has completed its […]

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